In the Montecito Real Estate area of Santa Barbara Real Estate for the Condo Market the total numbers of properties available for the year is up by 2 as are the new listings. The under contact numbers for both years stands at 1 with 2 sales showing up last year at this time compared to 0 for this year.
In the Single Family Home market for the Santa Barbara Real Estate area of Montecito Real Estate the total number of listings is up by 28% compared to last year with the numbers of new listings up by 11%. The numbers of listings under contract is coming back somewhat but it is still down by about 27%. The numbers of sold properties is also coming up comparatively but it is still down by about 43%. Mirroring the decline in sold properties is the decline in the average list price also down by 43% to about $2.8 million.
For the PUD market in Montecito Real Estate there have been just 2 listings this year and 2 for the previous year. But at this time last year 2 new listings had come on compared to 1 this year. The numbers of PUDs under contact is 1 this year compared to 0 last year but the numbers of sales for both years stands at 0.